How to Know if it’s Time to Throw Away Your Business Plan and Start From Scratch

Ricardo Ibarra of Trio Group discusses how to evaluate if your strategic business plan is working for you.

Summary

  • “A well-written business plan is a strategic exercise in understanding the people your business seeks to serve. And the work you do to gain more insight and knowledge about your ideal client will serve as beacon to guide you as you grow your business.”
  • Not sure if your business is on track to reach your goals? In this video, learn the five components of an effective business plan and how to evaluate your business plan to see if it is working.
  • “Most business owners create a solution or an offer and expect everything to come up roses. A clear understanding of your ideal clients, the market in which you operate, and the money required to develop, create, and produce your solution are all important considerations if you want to ensure your business has long term success.”
  • Schedule time this week to evaluate the strategic value of your business plan based on these five areas.
  • Watch the video to get the full training.
  • Did you identify areas to improve your business? Download the FREE Small & Minority Business Checkup for the 10 questions you must ask to help you get your business back on track and thriving.

About the TAS Program

The City of Seattle and Northwest Mountain Minority Supplier Development Council (Northwest Mountain MSDC) have partnered in the development and launch of the City of Seattle’s Technical Assistance Services program. This program is designed to support small businesses in the development of their capabilities thereby making them more competitive.

This program is sponsored by the City of Seattle and hosted by the Northwest Mountain MSDC. For more information, visit the TAS webpage.

About the Presenter

Ricardo Ibarra combines over 15 years of marketing and business experience to help small and minority-owned businesses thrive in today’s digital economy. Combining his signature energetic style with the latest marketing strategies, Ricardo has helped dozens of small and disadvantaged business enterprises reach new clients, launch new products, and gain a sense of confidence as they grow their business.